There has been a mild downturn in the manufacturing sector.

Cork-based Enterprise System Partners (ESP), which provides consulting and manufacturing services to life sciences firms around the world, has been bought by the international giant Accenture.

Figures from the Central Statistics Office has shown that industrial production in Ireland is up 16.3%.

These are good days for Ireland’s manufacturers as a resurgent economy driven by home-grown and foreign investment provide the biggest turnaround since the financial collapse 10 years ago, writes John Whelan

These are good days for Ireland’s manufacturers as a resurgent economy driven by home-grown and foreign investment provide the biggest turnaround since the financial collapse 10 years ago, writes John Whelan 

French manufacturing has had its worst quarterly drop since 2012 in the first three months of this year, underscoring a loss of momentum in the eurozone.

Irish manufacturing appears to have shed its Brexit blues caused by the drop in sterling, while UK manufacturing growth slowed significantly, according to the latest surveys of purchasing managers across the world.

Irish consumer confidence remained shaky last month with new car sales continuing their slide with a 24% year-on-year decline.

The new directors of Celtic Linen have stated they are confident that the business can return to profit following the firm’s exit from examinership.

Official figures showing a slowdown in industrial output in August may be further evidence of a potential slowdown in manufacturing following the June 23 vote by the UK to exit the EU.

The plunging pound failed to boost demand for British exports in July as factories suffered a worse-than-expected drop in activity after the Brexit vote, official figures have revealed.

Growth in Irish manufacturing shuddered to a halt last month, in the clearest evidence to date that the drop in sterling following the decision of the UK to quit the EU is adversely affecting the economy here.

There is concern for the near-term performance of Irish manufactured goods exports in the aftermath of last week’s Brexit vote, despite significant growth being achieved in the last month.

UK factory orders hit a 10-month high in June but Brexit jitters offset the boost from a weaker pound, according to new figures.